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Who's Online? It May Surprise You

CONVENTIONAL WISDOM HOLDS THAT THE YOUNG ARE THE ONES ONLINE, but hold onto your wallet and see what the folks at Charles Schwab have to say...

SPEAKING ON A PANEL at Forrester’s Finance Forum yesterday, Andrew Salesky, SVP of Client Web Services at Charles Schwab said:

Everyone thinks that the younger the consumer, the more likely they are to be online. We find that the more affluent they are, the more likely they are to go online.”

This is a lesson for a lot of financial firms trying to solidify their [often tenuous] relationships with the older affluent and mass affluent boomers.

Use of the Web is also increasingly important to seniors and new retirees.

Marketers often fall into the trap of thinking that older consumers are set in their ways and habits. That’s true — to a certain extent. But when they retire, many people seek out new experiences and look to develop new skills — like using technologies that they never had time to learn while they were working.

You can teach [us] old dogs new tricks.

Technorati Tags: Marketing, Financial services, Forrester Research, Charles Schwab, Andrew Salesky

Where to find this and other pieces

http://marketingroi.wordpress.com/2007/06/27/whos-online-it-may-surprise-you/

Posted by rshevlin in banking, ecommerce, marketing. trackback

Brandt Ronat + Company (br+c) is a mature consulting/design firm specializing in creating brand and business sector positioning strategies, along with high-quality communications solutions, advertising and collateral systems that sustain. The core strength of br+c can be described by three words: analytical, balanced, creative. Through ANALYTICAL CREATIVE™, a proprietary process, br+c senior strategists bring the big picture on client opportunities into focus. A/C™ works to achieve a strong, rational, evidence-based set of variables to inform planning and development.

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This page contains a single entry from the blog posted on June 28, 2007 4:38 PM.

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